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Popular Articles

Dhanalakshmi bank trims deposit rates
Private sector-lender, Dhanalakshmi bank today said that it has reduced its interest rate on deposits across various slabs.

Sugar prices at all-time high of Rs 41.5 a kg
Surging sugar prices today became more bitter for consumers as they rose to an all-time high of Rs 4,150 a quintal at the wholesale market on increased buying for the current festival and marriage season amid widening demand-supply gap.

News of the day

Aircel: Ring in the old
Mobile telephony service provider Aircel is taking the philanthropic path. While most brands and advertisers offered discounts this festive season, Aircel came out with a 35-second corporate social responsibility TV campaign that urged youths to donate their unused mobile handsets to old people.
Small Business

Chambers' Reaction: Assocham: Aam aadmi Budget

Assocham: Aam aadmi Budget The Associated Chambers of Commerce and Industry of India (Assocham) applauded the government on its agararian focus even as it termed the Budget proposals as aam adami ones. Sajjan Jindal, president, Assocham, said, “The abolition of FBT and CTT is especially welcome.” However, concerns were raised regarding the finance minister’s treatment to the minimum alternate tax, saying it was against the expectations of the industry as it has been increased. The Assocham had recommended a 7.5 per cent ceiling for MAT. Jan cement sales in high double-digit Jindal further said the Finance Minister gave sufficient indications for disinvestment to contain the fiscal deficit and generate resources for infrastructure development. The industry has been widely anticipating a road map for disinvestment, which has not happened.


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